Insights

Industry comment, updates and news from the Websters team.

GOVERNMENT PRESSES AHEAD

Friday, May 24th, 2013 in Commercial, Landlord, News, Residential

Speechly Bircham has reported that it is a virtual certainty that a new 15% top rate of SDLT for transfers of high-value UK residential property to companies and certain other entities will be incorporated into the Finance Act 2013 when it is passed this summer. As is commonly the case with Finance Act provisions, the provisions for the annual tax changes and extension of CGT will be back-dated to the preceding April, so in a sense the legislation is already in force.

Read the full article here

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